Worldwide shipping costs continue to rise and companies are now looking at ways to optimize their supply chain logistics to protect against these costs. Why are Shipping Costs Rising
Air Freight Carriers and Eco-Friendly Supply Chains
A recent trend that many companies have been concentrating on is the effect of air freight carrier emissions on eco-friendly supply chains. The global shipping company, FedEx announced in
CMA CGM to Stop Increasing Freight Spot Rates
CMA CGM, one of the biggest ocean freight movers recently announced its plan to freeze its rising spot rates through February 1st, 2022. This may come as a surprise
Evergreen Acquired Biggest Freight Vessel
Released onto the world’s seas on July 30, 2021, the Ever Ace has officially named the largest freight container ship in the world. Costing over $150 million to create,
Attracts Freight Forwarders
Forwarders like Senator International and DB Schenker have been looking at alternatives for their freight which is steering them towards Rockford. Rockford airport may be seen as a life
JFK Airport’s Freight Facility
The John F. Kennedy International Airport plans on upgrading its air freight facility to keep up with the current times. This will be done by tearing down two vacant
Global Container Shortage
Last year there were reports of a global freight container shortage. This shortage has continued on to this year. The demand for containers greatly outnumbers the number of containers
Beer Imports or Wine Imports
The value of wine imported into the United States has always been greater than the value of beer imported. However in 2020 this changed, and the value of beer
Suez Canal reopens
During late March, the freight carrying ship Ever Given got lodged in the Suez Canal for almost six days. With the vessel currently freed, Egypt is now requesting more
Hydrogen Freight Vessel
French company Compagnie Fluviale de Transport (CFT) plans on launching the first hydrogen-powered freight vessel later this year. This vessel will solely be for inland use and run fully